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Weekly Legislative Roundup 3/8/19

NORML

Activists in Nebraska, along with two pro-legalization Senators, qualified a 2020 medical cannabis ballot initiative petition to begin collecting signatures from registered voters in the state. Legislation is pending, House Bill 96, to decriminalize the possession of small amounts of marijuana. Your Highness, Carly. Actions to Take.

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Ready, Set, Wait… New York Legalizes Adult-Use Cannabis, but Not Likely to Issue Licenses Until 2022

Cannabis Law Report

Upon enactment, MRTA immediately decriminalized the use, purchase, and possession of up to three ounces of cannabis and up to 24 grams of concentrate by adults 21 and older. Overview of Adult-Use License Types, Requirements, and Restrictions. In addition, MRTA does not require owners of an applicant entity to be residents of New York.

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New York Legalizes Adult-Use Cannabis and Makes Significant Changes to Medical Cannabis Regulation

Cannabis Law Report

Municipalities may prohibit retail sales and on-site consumption within their jurisdictions by enacting local ordinances before December 31, 2021, but may not prohibit the other activities authorized by MRTA ( e.g. , cooperatives, delivery, processing, etc.). What to Know.

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Cannabis Group Weekly Alert – November 2019 #2

Cannabis Law Report

The Alcohol and Marijuana Control Office has asked retailers to pull products grown by Houston cultivator Calm N Collective from shelves, and put them in quarantine pending further information. Calm N Collective co-owner Ronald Bass claims that the tip is baseless and originated from a disgruntled former employee.

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Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?

Cannabis Law Report

Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. Deductions. All taxpayers – including “drug traffickers” – pay tax only on their gross income, which is equal to the excess of their gross receipts over their cost of goods sold (“COGS”). Deduction v.

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Dentons Cannabis Practice Are Now Publishing A Regular Roundup

Cannabis Law Report

This week, the House Small Business Committee will hold a Congressional hearing on granting access to programs and support of the Small Business Administration to entrepreneurs and small businesses in states where adult-use or medical cannabis is legal. Alabama Governor Kay Ivey (R) signed S.B. Arizona enacted S.B.

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Article – Reed Smith: UK: Cannabis In The UK – A Regulatory Environment In Transition?

Cannabis Law Report

The recent trend towards decriminalization of cannabis in other countries suggests they may be right, but in the meantime, a proliferation of products containing extracts from cannabis plants are appearing in UK stores. This Client Alert sets out the current rules regarding the regulation of cannabis products and medicinal cannabis in the UK.